RRB Technician 2013 Ques 107
Question: Asmita invests an amount of Rs.9535 at the rate of 4% per annum to obtain a total amount of Rs. 11442 on simple interest after a certain period. For how many years did she invest the amount to obtain the total sum?
Options:
A) 10
B) 2
C) 5
D) 4
Show Answer
Answer:
Correct Answer: C
Solution:
- Let she invests the money for x years. Therefore, $ (1142-9535)=\frac{9535\times 4\times x}{100} $
$ \Rightarrow $ $ 190700=9535\times 4\times x $
$ \Rightarrow $ $ x=\frac{190700}{9535\times 4}=5YR $
BETA
